Saturday, August 05, 2006
RGE - Why a Fed Pause or Even An Easing Will Not Prevent the Coming U.S. Recession
RGE - Why a Fed Pause or Even An Easing Will Not Prevent the Coming U.S. Recession: "Today Yellen expressed similar serious worries. First, she worried about the downturn in the housing sector becoming disorderly: 'there is more reason to worry that house prices would fall sharply than that they would rise sharply.' Second, she clearly linked the wealth effects of a housing slump to the risk of a sharp fall in consumption. She argued that the flattening – if not falling - price of houses 'makes the chance of a sizable drop-off in consumer spending seem larger than the chance of a big surge.'
Given her statements today, and those by St Louis Fed President Poole suggesting that a tightening on August 8th is only a 50/50 chance now, it is clear that the Fed is really worried about the U.S. slowdown and much more worried about it now than the rising headline and core inflation. "
Given her statements today, and those by St Louis Fed President Poole suggesting that a tightening on August 8th is only a 50/50 chance now, it is clear that the Fed is really worried about the U.S. slowdown and much more worried about it now than the rising headline and core inflation. "
Comments:
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Hi everyone, I am Jesus Mckinney from Texas and I just want to say a very resounding thank you to Financial loan services from Benjamin Lee for their sincerity, Openness, Transparency, Truthfulness, Love and support during and after getting loan funds from them. I have been through a lot and time won’t permit me to say all that I went through online in the guest or getting a loan funds to get a home here in USA but God answered my prayers through the support and love from Benjamin Lee who embraced me and understood me despite my initial doubt and unseriousness and with his good heart and love I am now a home owner through his 2% interest rate loan funds and I have vow to spread this news and also tell the world that there are still genuine and few good online loan firms out there that can assist and also revive a dry bone.
Don’t fail to listen and read this testimony because this is a true life changing experience and anyone that needs this kind of turn around should not hesitate or doubt this because I have proven and I swear to God in Heaven that this story is real and also the story of my experience with them .
Contact them today.
WhatsApp Text : (+1 989-394-3740)
Email: 247officedept@gmail.com
<< Home
